59-65 High StreetSomersworth, NH 03878MLS Number 4935650

  • Price: $499,000
  • Est. Mortgage of $/month
  • 26 Days on Market
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Federal 30-year interest rate: 6.58% last updated on Nov 23, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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59-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 0387859-65 High Street Somersworth NH 03878
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  • 0.09Acreage
  • 3Bathrooms
  • 1830Year Built
  • 4,616Square Feet

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Listed by Zachary Hill of RE/MAX On the Move/Dover
Investors take notice! This mixed-use 4-unit in downtown Somersworth has been updated, fully occupied, and is ready to generate passive income. The two ground floor units are commercial, each with new flooring installed in the spring of 2022 and mini splits installed in 2020. The two upper units are residential, each with their own mini splits and one with an additional propane furnace. Utilities are separated for each unit; the owner only pays for water and sewer. Pricing is based on a 7.67% CAP rate. Rents are below market.

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More Info

Basic Information

  • StatusACT
  • List Price$499,000
  • MLS Number4935650
  • MLS StatusActive

Property

  • Acreage0.09
  • Parking Spaces
  • Lot DescriptionCity Lot
  • Lot63A
  • Square Feet4,616
  • APX Fin AG Sqft4,616
  • Road Frontage69
  • RoadsPublic

Other

  • Taxes$8,232
  • Seasonal Y/NNo
  • TrashTenant
  • Unit 1 Deposit$1,400
  • Unit 2 Rent Amount$950
  • Unit 3 Rent Amount$250
  • Unit 4 Rent amount$1,675

Location

  • TownSomersworth
  • StateNH
  • Zip03878
  • CountyStrafford
  • ZoningBH
  • Flood Zone Y/NUnknown

Interior

  • FloorsCarpet, Vinyl

Exterior

  • ExteriorAluminum
  • RoofShingle

Utilities

  • Heat FuelElectric, Gas - LP/Bottle
  • Heat SystemForced Air, Mini Split
  • WaterPublic
  • Water HeaterElectric
  • ElectricCircuit Breaker(s)
  • SewerPublic
  • UtilitiesInternet - Cable

Building

  • Year Built1830
  • Building ConstructionWood Frame
  • StyleMulti-Family
  • Units4
  • Unit 1 Bath1
  • Unit 1 Bedrooms3
  • Unit 1 Total Rooms7
  • Unit 2 Bath1
  • Unit 2 Stylecommercial
  • Unit 2 Total Rooms1
  • Unit 3 Bath1
  • Unit 3 Stylecommercial
  • Unit 3 Total Rooms1
  • Unit 4 Bath2
  • Unit 4 Styleresidential
  • Unit 4 Total Rooms6
  • # of 3+ Bedrooms2
  • Bathroom3
  • Total Baths3
  • FoundationBrick, Other
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Hampton Falls , NH 03844
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Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This display of listings may or may not be the entire Compilation from the NEREN database, and NEREN does not guarantee the accuracy of such information. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated November 27, 2022 3:53 AM EST.

 

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